Profitability of land factor on the conditions of sustainable development - frames of new land rent theory
Other papers concerning agricultural economics frequently emphasise a problem of low resource productivity. However, the measuring methods are controversial, because they do not consider a progressive depreciation of fixed assets in agriculture and the new utilities of land on the conditions of sustainable development. These preconditions entitle to formulate a hypothesis that a productivity of capital in agriculture in Poland is increasing because of intrinsic values of agricultural areas. This implies a need of rethinking the neoclassical land rent theories.